Japan/Asia Long-Short, LightStream Research

Mio Kato

Over 15 years analysing Japanese and Asian stocks from a long/short perspective

I focus on cyclically driven sectors such as Gaming, Factory Automation and Autos

An eclectic background as a long-short analyst, upper management at a financial data startup through its listing, and as the founder of a team analysing big/alternative data, all of which supports independent and differentiated views... we hope

An appreciation for Mathematics drives the development of a "Micro-Quantamental" process which can provide a data-driven, historically-informed and semi-automated foundation upon which to layer more qualitative and judgemental analysis, thus improving investment decision-making speed and accuracy

Japan/Asia Long-Short

Nissan: Atrocious Governance Should Be Rectified Before Even Thinking of a Merger

Nissan Governance Structure Report Out: Fog Dissipating Slowly. Sunny in Summer. Storms Next Winter?

Nissan: Production Cut May Presage Dividend Cut Opening Up Downside

Nissan Motor: Charting the Ghosn Supremacy

Nissan: Is the Alliance Ghosn With the Wind?

Nissan Motor--What Happens if Nissan & Renault Both Owned 25% Stakes in Each Other?

Nissan/Renault:  French Fireworks Ahead?

Long-Short Analysis on Japan, Asia and the World

LightStream Research

LightStream conducts quantitatively rigorous and data-driven analysis with a focus on Japan and Asia.

We consistently cover the Tech, Consumer and Industrial sectors, and provide ECM and Events coverage more broadly.

We supplement traditional qualitative insights from company relationships with a robust quantitative foundation that examines as much historical data as is available.
We further refine the accuracy of our insights and calls through the use of alternative data to flesh out current trends, and through a valuation framework that emphasises non-superficial peer group selection and a proper attempt to understand the metrics and changes that have driven security valuations in the past.

Equity Bottom-Up

<p>While most news coverage is intensely focused on former Chairman Carlos Ghosn's first public statements, defence strategy and Japan's rather arcane justice system, we believe that <a href="https://www.ft.com/content/1aa046c8-1239-11e9-a581-4ff78404524e" target="_blank">news regarding the sudden "leave" of two Nissan executives</a> is worth paying attention to as it may have ramifications for the fate of the alliance overall. We discuss the details below.</p>

While most news coverage is intensely focused on former Chairman Carlos Ghosn's first public statements, defence strategy and Japan's rather arcane justice system, we believe that news regarding the sudden "leave" of two Nissan executives is worth paying attention to as it may have ramifications for the fate of the alliance overall. We discuss the details below.

Nissan: Overlooked Personnel Moves Suggest the Alliance Will Not Survive Long Term